Home Sales in Kathleen Georgia in May 2017
Home sales in Kathleen GA in May 2017 took a surprising dip as buyers and investors found homes in other parts of Houston County more to their liking. Hopefully that is a wake up call to sellers. Despite it being a sellers market, if the home is not well maintained or market priced it will sit on the market. Stay tuned for more information about this market and whether or not it is the right time to enter it.
In this sellers market (3 months of homes available), it is definitely time for some new inventory to entice consumers to purchase a property in this community. Buyers are definitely looking for homes in every price point so it makes good sense to get your Kathleen GA home listed, viewed, and hopefully sold quickly.
Let’s go ahead and preview the home sales in Kathleen GA in May 2017 and see what the overall market has been up to lately.
Homes Sales in Kathleen GA
The number of Kathleen GA home sales this past month (29) was the fifth is the highest total in the past 12 months. It was 8 less than the previous month but 2 higher than the 12-month average. It was also 1 sale more than the same time period last year. With only 25 pending sales, this market may be a bit sluggish as summer arrives. Time will tell!
The average sales price came in at $215K this past month, $2K less than the previous month. The 12-month average is $212K. The sales price to list price ratio last month was an excellent 99.64%. The annual average is 98.87%.
The days on market for sold homes came in at a decent 55 days this past month. The 12-month average is 60 days. Sellers who are right pricing their homes upfront are definitely seeing quick results at the moment!
How can both buyers and sellers gain an advantage in the Kathleen GA Real Estate market? Employ the services of a local Kathleen Real Estate Agent who knows and understands all the twists and turns of this market.
Kathleen Real Estate Market Summary
Currently, the Kathleen real estate market favors sellers with only 3 months of available inventory (97 homes) to pick from. The averages and totals for the Kathleen GA real estate market are as follows:
- Average Sales Price: $215,142
- Median Sales Price: $214,830
- Number of Monthly Sales: 29
- Distressed Home Sales: 2
- Average Days-On-Market, Sold Homes: 55
- Average SP/LP Ratio: 99.64%
- Highest Priced Sale: $395,000
- Lowest Priced Sale: $55,000
- Highest Priced Listing: $629,000
- Lowest Priced Listing: $125,000
- Largest Home on the Market: 5,652 sq ft
- Smallest Home on the Market: 1,336
Now is the time to make your mark in this real estate market. Do not delay or the home you want will be long gone when you are finally ready to make an offer.
Find Kathleen GA Homes for Sale
For a complete list of available real estate in Kathleen GA, visit the Available Kathleen GA Homes. Make sure and subscribe to my newsletter so you do not miss out on any Kathleen home deals!
Call me at (478) 960-8055 to find out what your Kathleen GA home is worth or so we can discuss your housing needs. The right home and/or buyer is out there…let me help you find it/them!
You can check out last month’s report here: Kathleen GA Real Estate Report for April 2017.
Preview the Home Sales in Kathleen GA in May 2017
Statistics represent single family homes and townhouses in Kathleen Georgia (Source: CGMLS) for the referenced month. Information is deemed reliable, but not guaranteed.
The data related to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of Central Georgia MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.